# CyberFortress Insurance Services US

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cyberfortress-insurance-services-us

- Industry: IT Security/Cybersecurity
- Headquarters: San Antonio, US
- Website: www.cyberfortress.com
- Total disclosed funding: $3M
- Latest round: Seed (Sep 25, 2019)
- Investors on record: 2

## About

CyberFortress provides advanced data backup and recovery services, focusing on managed solutions that protect businesses from data loss through cyber threats and outages, ensuring quick recovery times and seamless operations.Founded in 2018, CyberFortress Insurance Services US, LLC, based in San Antonio, US, specializes in data backup and recovery services. The company was established by Huw Edwards and Michael DeFelice. In September 2019, CyberFortress raised USD 3 million in Seed funding from investors including Greycroft Partners and LiveOak Venture Partners, marking its first major funding round and total amount raised.CyberFortress specializes in data backup and recovery services, primarily offering fully managed solutions powered by Veeam. Their services include Backup-as-a-Service (BaaS) and Disaster-Recovery-as-a-Service (DRaaS), designed to protect businesses against data loss due to cyberattacks and service interruptions. These solutions enable businesses to perform server backups every 15 minutes for rapid recovery, including for bare metal systems. Additionally, CyberFortress offers advanced endpoint protection for laptops and desktops, ensuring effective data recovery, regardless of device location. The company caters to a diverse clientele, including small to mid-sized businesses across sectors such as healthcare, finance, education, and government, mainly in North America and Europe.CyberFortress generates revenue through subscription-based models for its managed data services, including BaaS and DRaaS. Clients enter into annual or monthly subscription agreements that provide access to advanced data protection features and the expertise of certified Veeam engineers. The firm's revenue structure is focused on continuous support and management of client data solutions, enabling operational continuity. Specific pricing details are not disclosed, but the services are tailored for organizations needing strong data management solutions, creating a steady revenue stream through recurring contracts.In September 2019, CyberFortress Insurance Services US, LLC raised USD 3 million in Seed funding to bolster its growth strategy. The company is focused on developing upcoming products aimed at enhancing data protection capabilities and expanding its market reach into new geographic regions, particularly targeting growth in Europe by 2023. The recent funding will be utilized to support product innovation and market entry initiatives.

## Funding rounds

- Seed, Sep 25, 2019, $3M — Greycroft, LiveOak Venture

## Investors

- Greycroft (https://capitalatlas.ai/funds/greycroft) — Seed
- LiveOak Venture (https://capitalatlas.ai/funds/liveoak-venture) — Seed